BTCUSD Weekly Volatility Forecast 31/10 - 04/11 2022

BTCUSD Weekly Volatility Forecast 31/10 - 04/11 2022

Currently the volatility for this week is around 8.6% , down from expected 9% last week.
According to ATR calculation, currently the volatility is located around 46th percentile.

Under this circumstances the expected movement of the candle is :
BEAR : 7.4% from the opening point of the weekly candle
BULL : 5% from the opening point of the weekly candle

At the same time, currently there is 31.7% that the movement within this weekly candle is going to
break and close either above or below the next channel:
TOP: 22484
BOT: 18773

Lastly, taking into account the previous weekly high and low there is a :
70% chance that we are going to touch the previous week high
27% chance that we are going to touch the previous week low